Decisions in Economics and Finance

1978 - 2026

Current editor(s): Paolo Ghirardato

From:
Springer
Associazione per la Matematica
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 49, issue 1, 2026

Foreword to the special issue on “FinTech: quantitative methods, artificial intelligence and digital finance” pp. 1-4

Alexandru Vali Asimit, Stefania Corsaro, Daniele Marazzina, Zelda Marino and Salvatore Scognamiglio

Deep prediction on financial market sequence for enhancing economic policies pp. 5-24

Soheil Salahshour, Mehdi Salimi, Kian Tehranian, Niloufar Erfanibehrouz, Massimiliano Ferrara and Ali Ahmadian

A neural network-particle swarm solver for sustainable portfolio optimization problems pp. 25-64

Imma Lory Aprea and Gabriele Sbaiz

An adaptive evolutionary strategy for long–short portfolio construction pp. 65-86

Giacomo di Tollo, Gerarda Fattoruso and Gianni Filograsso

A new methodology to support wind investment decision: a combination of natural language processing and Monte Carlo option pricing technique pp. 87-109

Antonio Di Bari, Luca Grilli, Domenico Santoro and Giovanni Villani

Modeling commodity price co-movement: building on traditional time series models and exploring applications of machine learning algorithms pp. 111-154

Luca L. Kozian, Marcos R. Machado and Joerg R. Osterrieder

Option pricing with deep learning: a long short-term memory approach pp. 155-186

Rita Pimentel, Morten Risstad, Sondre Rogde, Erlend S. Rygg, Jacob Vinje, Sjur Westgaard and Cassandra Wu

A perspective on quantum Fintech pp. 187-213

Ugo Fiore, Federica Gioia and Paolo Zanetti

Latency tradeoffs in blockchain capacity management pp. 215-252

Michele Fabi

A special issue on the mathematics of subjective probability pp. 253-254

Gianluca Cassese, Federica Masiero, Pietro Rigo and Barbara Vantaggi

The limitations of comonotonic additive risk measures: a literature review pp. 255-273

Samuel S. Santos, Marcelo Brutti Righi and Eduardo Horta

ESG rating and ambiguity: an informative and distorted signal-based approach pp. 275-316

Giorgio Bongermino and Silvia Romagnoli

Newsvendor problem with discrete demand and constrained first moment under ambiguity pp. 317-350

Andrea Cinfrignini, Davide Petturiti and Gabriele Stabile

Subjective expected utility and psychological gambles pp. 351-372

Gianluca Cassese

Implied dividend bounds in option prices: anatomy of two markets pp. 373-398

Umberto Cherubini and Sabrina Mulinacci

Optimal execution under price impact in a heterogeneous characteristic timescale pp. 399-429

Marina Di Giacinto

Structural properties in the diffusion of the solar photovoltaic in Italy: individual people/householder vs firms pp. 431-457

Franco Flandoli, Marta Leocata, Giulia Livieri, Silvia Morlacchi, Fausto Corvino and Alberto Pirni

Some Skorohod-type results pp. 459-474

Luca Pratelli and Pietro Rigo

Mean field games incorporating carryover effects: optimizing advertising models pp. 475-495

Michele Ricciardi and Mauro Rosestolato

A dynamically consistent discretization method for the Goodwin model with nonlinear Phillips curve. Comparing qualitative and quantitative dynamics pp. 497-516

M. M. Baldi, M. Guzowska and E. Michetti

Fixed cost allocation using ratio analysis based on the input-to-output scale and common set of weights: a case study of commercial banks pp. 517-545

Javad Gerami

A parametric insurance policy for beekeepers and honey production: random forest regressions and real-world pricing pp. 547-576

Ilaria Colivicchi, Silvia Dell’Acqua and Vincenzo Russo

Addressing theoretical and empirical discrepancies in life insurance valuations through EMS pp. 577-598

Francesco Strati

Relative portfolio optimization via a value at risk based constraint pp. 599-631

Nicole Bäuerle and Tamara Göll

A Taylor-type formula for pure jump additive processes and its application to risk minimization pp. 633-652

Masahiro Handa, Maria Elvira Mancino and Ryoichi Suzuki

Worst-case premiums and identification of homothetic robust Epstein-Zin utility under a quadratic model pp. 653-688

Bolorsuvd Batbold, Kentaro Kikuchi and Koji Kusuda

Effects of financial intermediation on real variables: a discrete-time dynamical framework pp. 689-707

Serena Brianzoni, Giovanni Campisi and Antonio Palestrini

Climate risk and sovereign debt: country-level exposures and scarcity effects in green bonds pp. 709-818

Silvia Romagnoli and Amia Santini

Kelly trading when asset prices have jumps pp. 819-846

Hans-Peter Bermin and Magnus Holm

Expectile-linked golden investment strategies pp. 847-868

Alejandro Balbás, Beatriz Balbás and Raquel Balbás

Analytical solutions to state transition probabilities in a semi-markov model pp. 869-912

Javier Giner and Valeriy Zakamulin

De Finetti’s legacy in dealing with uncertainty: Towards finance, artificial intelligence and beyond pp. 913-962

Giulianella Coletti, Davide Petturiti and Barbara Vantaggi

Solow-Swan Model and Growth Dynamics: moving forward pp. 963-979

Massimiliano Ferrara

Correction: Structural properties in the diffusion of the solar photovoltaic in Italy: individual people/householder vs firms pp. 981-982

Franco Flandoli, Marta Leocata, Giulia Livieri, Silvia Morlacchi, Fausto Corvino and Alberto Pirni

Volume 48, issue 2, 2025

Editorial: Special Issue on “Life insurance mathematics and actuarial science” dedicated to the memory of Ermanno Pitacco pp. 795-802

Annamaria Olivieri

On the unfairness of actuarial fair annuities pp. 803-825

An Chen and Steven Vanduffel

What is the value of the annuity market? pp. 827-852

Mogens Steffensen and Julie Bjørner Søe

Solvency analysis of deferred annuities pp. 853-871

Khadija Gasimova, Steven Haberman and Pietro Millossovich

The life care annuity: enhancing product features and refining pricing methods pp. 873-911

Giovanna Apicella, Marcellino Gaudenzi and Andrea Molent

Stochastic assessment of special-rate life annuities pp. 913-932

Annamaria Olivieri and Daniela Tabakova

Return smoothing in pooled annuity products pp. 933-970

Doreen Kabuche, Michael Sherris, Andrés M. Villegas and Jonathan Ziveyi

The interaction between variable annuity providers and their customers under a dynamic approach pp. 971-991

Anna Rita Bacinello, Rosario Maggistro and Ivan Zoccolan

Optimal strategies for the decumulation of retirement savings under differing appetites for liquidity and investment risks pp. 993-1030

Benjamin Avanzi and Lewis De Felice

Optimal additional voluntary contribution in DC pension schemes to manage inadequacy risk pp. 1031-1063

Henrique Ferreira Morici and Elena Vigna

Lee–Carter model: assessing the potential to capture gender-related mortality dynamics pp. 1065-1092

Giovanna Apicella, Emilia Di Lorenzo, Gabriella Piscopo and Marilena Sibillo

Revisiting key mortality rate models: novel findings and application of CIR processes to describe mortality trends pp. 1093-1130

David Atance and Eliseo Navarro

Mortality models ensemble via Shapley value pp. 1131-1159

Giovanna Bimonte, Maria Russolillo, Han Lin Shang and Yang Yang

Modeling and forecasting mortality with economic, environmental and lifestyle variables pp. 1161-1195

Matteo Dimai

Stochastic differential equations death rates models: the Portuguese case pp. 1197-1217

Daniel dos Santos Baptista, Nuno M. Brites and Alfredo Egidio dos Reis

Modelling mortality by cause of death and socio-economic stratification: an analysis of mortality differentials in England pp. 1219-1257

Andrés M. Villegas, Madhavi Bajekal and Steven Haberman

Profit testing of profit sharing life insurance policies when asset returns are variance gamma distributed pp. 1259-1299

Olivier Le Courtois and Li Shen

Deterministic lifestyle investment strategy in mixed life insurance contracts pp. 1301-1335

Vanessa Hanna and Pierre Devolder

An investigation of the Volatility Adjustment pp. 1337-1367

Emilio Barucci, Daniele Marazzina and Edit Rroji

An undertaking specific approach to address diversifiable demographic risk within Solvency II framework pp. 1369-1396

Gian Paolo Clemente, Francesco Della Corte and Nino Savelli

Actuarial modelling of Australian population retirement risks: an Australian functional disability and health state model pp. 1397-1437

Kyu Park and Michael Sherris

Risk sharing rule and safety loading in a peer to peer cooperative insurance model pp. 1439-1452

Gian Paolo Clemente, Susanna Levantesi and Gabriella Piscopo

Risk assessment for synthetic GICs: a quantitative framework for asset–liability management pp. 1453-1480

Behzad Alimoradian, Jeffrey Jakubiak, Stéphane Loisel and Yahia Salhi

Empirical risk analysis of mining a Proof-of-Work blockchain pp. 1481-1508

Hansjörg Albrecher, Dina Finger and Pierre-O. Goffard

On mean-variance optimal reinsurance-investment strategies in dynamic contagion claims models pp. 1509-1526

Marina Santacroce and Barbara Trivellato

Financial impact of pandemics on pension sustainability: an application for Spain pp. 1527-1552

M. Carmen Boado-Penas, Julia Eisenberg and Zuochen Song

Foreword to the special issue on “Discrete time dynamic modelling in economics, finance and social sciences” pp. 1553-1556

Davide Radi, Anastasiia Panchuk, Iryna Sushko and Fabio Tramontana

Disposition effect and its outcome on endogenous price fluctuations pp. 1557-1578

Alessia Cafferata, Marco Patacca and Fabio Tramontana

A reappraisal of fundamentalists in a cobweb model with heterogeneous agents pp. 1579-1612

Fausto Cavalli, Ahmad Naimzada and Nicolò Pecora

Evolution of dishonest behavior in public procurement: the role of updating control pp. 1613-1639

Raffaella Coppier, Elisabetta Michetti and Anastasiia Panchuk

The long term implications of co-creation in economics education pp. 1641-1667

Eduardo Fé, Fabio Lamantia and Mario Pezzino

Coevolution of stock prices and their perceived fundamental value pp. 1669-1692

Sarah Mignot

Nonlinear dynamics of a simple behavioral model of inflation pp. 1693-1717

Anna Agliari, Fernando Bignami and Nicoló Pecora

Stochastic optimal growth under state-dependent probabilities pp. 1719-1753

Davide La Torre, Simone Marsiglio, Franklin Mendivil and Fabio Privileggi

The discrete solow model with time-to-build pp. 1755-1781

Akio Matsumoto, Márk Molnár and Ferenc Szidarovszky

The investment gestation period in the so called Kaldor-Kalecki model. A new approach pp. 1783-1810

Luigi De Cesare, Andrea Di Liddo and Mario Sportelli

Noise-induced multistage transitions in a dynamic model of rational consumer choice pp. 1811-1836

Jochen Jungeilges, Trygve Kastberg Nilssen, Makar Pavletsov and Tatyana Perevalova

Effective management of invasive alien species in an optimal control framework pp. 1837-1868

Andrea Di Liddo and Angela Martiradonna

Valuation and optimal exercise of derivatives under private information pp. 1869-1895

Jørgen Haug and Tommy Stamland

Efficient valuation of barrier options under equity and interest rate risks pp. 1897-1930

Francesco Rotondi

An efficient and robust computational approach to passport option pricing PDEs pp. 1931-1956

Saurabh Bansal and Srinivasan Natesan

On the implied volatility of Inverse options under stochastic volatility models pp. 1957-1990

Elisa Alòs, Eulalia Nualart and Makar Pravosud

Strategic international asset allocation under a quadratic model with exchange rate and inflation-deflation risks pp. 1991-2024

Bolorsuvd Batbold, Kentaro Kikuchi and Koji Kusuda

Risk bounds under right-tail uncertainty pp. 2025-2059

Valeria Bignozzi and Corrado De Vecchi

Funding liquidity and stocks’ market liquidity: structural estimation from high-frequency data pp. 2061-2097

Gian Piero Aielli and Davide Pirino

Opportunity-based other-regarding preferences in general equilibrium: existence pp. 2099-2135

Maria Bernadette Donato, Chiara Sperati and Antonio Villanacci

Uncertainty-driven (dis)trust behavior pp. 2137-2155

Yosuke Hashidate

Pattern formation by advection-diffusion in new economic geography pp. 2157-2192

Kensuke Ohtake

From Samuelson’s multiplier-accelerator to bifurcations and chaos in economic dynamics pp. 2193-2214

Gian Italo Bischi

Correction: A new methodology to support wind investment decision: a combination of natural language processing and Monte Carlo option pricing technique pp. 2215-2216

Antonio Di Bari, Luca Grilli, Domenico Santoro and Giovanni Villani

Volume 48, issue 1, 2025

A bird’s eye view on decision theory and mathematical finance: a tribute to the legacy of Erio Castagnoli pp. 1-3

Gino Favero, Lorenzo Garlappi, Paolo Ghirardato, Marco LiCalzi and Paola Modesti

Erio Castagnoli: scientist, teacher, mentor and friend pp. 5-12

Paola Modesti and Lorenzo Peccati

American options with acceleration clauses pp. 13-35

Anna Battauz and Sara Staffolani

Multivariate risk attitude: a comparison of alternative approaches in sustainability policies pp. 37-57

Francesca Beccacece

Preferences over risk changes in variance pp. 59-72

Marzia De Donno and Mario Menegatti

Monotonic transformation and recovering the implied stock price process pp. 73-92

Gianluca Fusai

Equilibrium asset pricing with short rate risk pp. 93-125

Alessandro Sbuelz

Risk management through proportional reinsurance: an efficient computational approach pp. 127-152

Laura Ziani, Flavio Pressacco and Paolo Serafini

A contribution to the NPV-IRR debate pp. 153-174

Erio Castagnoli and Gino Favero

Foreword to the Special Issue “Advances in optimal control and dynamic games in economics, finance, and insurance” of “Decision in economics and finance” pp. 175-178

Salvatore Federico, Giorgio Ferrari and Luca Regis

Optimal investment strategies under the relative performance in jump-diffusion markets pp. 179-204

Burcu Aydoğan and Mogens Steffensen

Optimal planning in habit formation models with multiple goods pp. 205-222

Mauro Bambi, Daria Ghilli, Fausto Gozzi and Marta Leocata

Adaptation measures and stable international environmental agreements in a pollution dynamic game pp. 223-240

Marta Biancardi and Lucia Maddalena

Two sided ergodic singular control and mean-field game for diffusions pp. 241-267

Sören Christensen, Ernesto Mordecki and Facundo Oliú

A mean field game model for optimal trading in the intraday electricity market pp. 269-299

Sema Coskun and Ralf Korn

Optimal portfolios with anticipating information on the stochastic interest rate pp. 301-328

Bernardo D’Auria and José A. Salmeron

Stochastic optimal control problems with delays in the state and in the control via viscosity solutions and applications to optimal advertising and optimal investment problems pp. 329-359

Filippo Feo

Representation of stochastic optimal control problems with delay in the control variable pp. 361-380

Cristina Di Girolami and Mauro Rosestolato

Linear-quadratic-singular stochastic differential games and applications pp. 381-413

Jodi Dianetti

Growth models with externalities on networks pp. 415-436

Giorgio Fabbri, Silvia Faggian and Giuseppe Freni

Transboundary pollution control under evolving social norms: a mean-field approach pp. 437-463

Davide Torre, Rosario Maggistro and Simone Marsiglio

A non-invariance result for the spatial AK model pp. 465-484

Cristiano Ricci

The economic cost of social distancing during a pandemic: an optimal control approach in the SVIR model pp. 485-516

Alessandro Ramponi and M. Elisabetta Tessitore

Altruistic behavior and international environmental agreements: a differential game approach pp. 517-540

Armando Sacco

Backward hedging for American options with transaction costs pp. 541-569

Ludovic Goudenège, Andrea Molent and Antonino Zanette

Identifying the number of latent factors of stochastic volatility models pp. 571-602

Erindi Allaj, Maria Elvira Mancino and Simona Sanfelici

A Heath–Jarrow–Morton framework for energy markets: review and applications for practitioners pp. 603-642

Matteo Gardini and Edoardo Santilli

Strategy complexity of limsup and liminf threshold objectives in countable MDPs, with applications to optimal expected payoffs pp. 643-692

Richard Mayr and Eric Munday

Withdrawal success optimization pp. 693-746

Hayden Brown

Convertible lease risk spread modeling with correlation pp. 747-773

Ons Triki and Fathi Abid

On Specimen Theoriae Novae de Mensura Sortis of Daniel Bernoulli pp. 775-793

Paola Modesti